Huadian Ener-B (900937) fair value: what the stock is really worth
As of Nov 6, 2026: fair value (intrinsic value) of Huadian Ener-B stock $0.06, price $0.18, that is 67.4% below the price, quality 36 out of 100. Rating: strongly overvalued. Calculated from audited financials with 25 of our 26 valuation models and 37 quality factors, updated daily.
69 individual criteria per stock, every one traceableSee the method →
Price vs Fair Value
White line = price, green steps = our fair value per fiscal year. As of Nov 5, 2026.
How to read this chart
60‑month range $0.1180 – $0.2580 · fair‑value band $0.0400 – $0.0800 · the $0.1840 price screens above the $0.0600 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). As of Nov 5, 2026.
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Huadian Energy Company Limited engages in the generation and sale of electric power in China. The company generates electric power through thermal sources, as well as provides heat services. It also involved in coal production and sales business.
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It has an installed capacity of 25.7693 million kilowatts of thermal power. The company was formerly known as Heilongjiang Electric Power Co. Ltd. and changed its name to Huadian Energy Company Limited in July 2004. Huadian Energy Company Limited was founded in 1993 and is based in Harbin, China.
Stock analysis
Huadian Ener-B (900937) currently trades at $0.1840, while our model-based Fair Value estimate is $0.0600, 67% below the price, so the stock looks overvalued today.
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Valuation
Bull case: the Multiples group reads highest at a median of $0.0750 per share, and 0 of the 25 models we run sit above the $0.1840 price.
Bear case: the Dividend Discount group reads lowest at $0.0200, and 25 of the 25 models stay below the price. Data coverage for this calculation is low.
Scenario range: $0.0400 (bear) to $0.0800 (bull), the price of $0.1840 sits above it. Bear and bull are the same models on cautious and optimistic assumptions, a range, not a price target.
Quality & growth
The Quality Score stands at 36/100 (below-average quality), in the Utilities sector.
Weak Growth: Revenue growth is inconsistent: the periods point in different directions, so there is no trend to rely on.
Huadian Ener-B reported revenue of 16.7B CNY in FY2025 versus 9.8B CNY in FY2021, a compound +14.2%/yr. Reported net income was 200M CNY in FY2025.
Key figures
Market cap $1.5B Small · P/E ratio 17.9 · P/S ratio 0.08 · EPS (TTM) $0.0100 · Dividend yield 4.4% · Net margin 2.0% · Return on equity 14.5% · Return on assets (EBIT) 4.7% (5-year average).
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 33 out of 100 (medium confidence).
What moves the price
The share trades about 29% below its 52-week high and 20% above its 52-week low, currently below its 200-day average.
For context, the median of 10 Utilities peers we cover trades at −23% fair-value upside, at −67%, 900937 screens richer than that median.
Fair Value models
Bear$0.0400Fair Value $0.0600Bull$0.0800
Price $0.1840 · Downside -67.4%
Model ⓘEach model values the company its own way (discounted cash flow, earnings, assets, dividends). The fair value above starts from their evidence-weighted blend, not from a single model. In cyclical trough or peak years, after dilution or a stock split it is adjusted afterwards, so it can sit above or below the models. Based on fiscal year 2025 figures (about 10 months old). Earnings retained since then ($0.0086 per share) are deliberately not added.Bear ⓘBear = the cautious scenario: the same model computed with conservative anchors (lower growth, margins and valuation multiples). Together with Bull it frames a plausible valuation range, not a price target.BaseBull ⓘBull = the optimistic scenario: the same model computed with favourable anchors (higher growth, margins and valuation multiples). Together with Bear it frames a plausible valuation range, not a price target. If a model's bull case is above four times its base value, the table shows that limit with a > sign (like the overall Bull above): beyond it no assumption holds.Coverage ⓘCoverage = how well-backed THIS model's estimate is for this stock (0–100): how complete and reliable its input data are, and how well the model fits the company. The final Fair Value is an evidence-weighted blend, so better-evidenced models count more. Green ≥70, amber 50–69, grey below 50.
Growth Quality ⓘGrowth is valuable only when reinvestment earns attractive returns (Aswath Damodaran): sustainable growth depends on return on capital, reinvestment and efficiency. Basis: total company revenue over the periods shown on the cards (3Y/5Y/all years), not per share, so a merger can show up as a growth jump; per-share earnings growth is in the value-creation card.40/100
Revenue growth is inconsistent: the periods point in different directions, so there is no trend to rely on.
Revenue growth 1 year
−8.2%
Revenue growth 3 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
−4.1%
Revenue growth 5 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
+9.3%
Start year 2020 (pandemic). Over 10 years: +6.1% a year
Revenue growth 10 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
+6.1%
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What shareholders gained per year (last 5 years) ⓘWhat the business itself delivers per year: earnings growth per share plus the dividend yield. This is what you get IF the market keeps valuing the stock the same way: it contains no assumption about the market changing its mind. Computed per share, so buybacks count and a merger does not pass as growth. For a company that pays no dividend it is pure earnings growth per share. Period: earnings growth per share as CAGR over the last 5 reported fiscal years (annual statements), plus the current dividend yield. The start value is the median of the three years around the start, so a single crisis year (a pandemic or a write-down) does not distort the rate.
+31.3%
Earnings growth per share plus dividend.
Earnings per share, growth per year+26.9%
Dividend (yield on the price)4.4%
Profit margin 2020 to 2025 ⓘOperating margin then vs now, from reported annual statements. A falling margin after a boom year is the classic peak-earnings signal: the growth rate then leans on an inflated base.−3% → 12%
Growth Forecast
A lot of optimism in the price
The price assumes more growth than the company has delivered so far.
What the price assumes ⓘThis turns our valuation around: instead of asking what the share is worth, it asks what growth the current price requires. It uses the cash the company keeps after all spending (free cash flow), the same discount rate as our models, five years of growth, then slowing evenly to 2 % a year by year ten. Compared with the analysts' sales forecasts extended to the same five years (at least three analysts, for context only, it does not enter the Fair Value): within 3 percentage points counts as "in line" (amber), below that little optimism (green), above that a lot of optimism (red).
+15.8%
Yearly growth needed for the next five years to justify today's price.
What forecasts expect
n/a
No analyst forecast available.
After inflation (figures in CNY, China: IMF forecast 1.7% a year to 2030, 1.4% from 2016 to 2025) that is about +13.9% a year for the price.
Price, fair value, quality and upside side by side.
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Peer GroupⓘHow this stock ranks against its industry: the green marker is this stock, the band is the typical 25–75% peer range, and the tick is the median.Utilities - Independent Power Producers · 77 stocks
Beats the industry median on 2/14 measures
Overall it trails its industry peers.
Valuation
Quality Score36 · Bottom 25%
Fair Value upside−67.4% · Bottom 25%
Profitability
Return on equity (12 months)14.5% · Top 25%
Return on assets2.6% · Below median
Net margin (12 months)8.1% · Below median
Operating margin (12 months)8.5% · Below median
Growth and dividend
Revenue growth (quarter YoY)−3.2% · Below median
Dividend yield (12 months)4.4% · Above median
Balance sheet
Debt / equity1.74× · Highest 25%
Valuation Multiplesvs Utilities - Independent Power Producers median · lower = cheaper
For bloggers, editors and developers: paste this into your site or blog (a “Custom HTML” block in WordPress), it shows the current fair value and links back here. Free, plain HTML, and welcome. Full data streams (CSV/JSON) at /developers.
Cite: Fair Value Calculator (2026). "Huadian Ener-B Fair Value". https://www.fairvalue-calculator.com/stock/900937
Frequently asked questions
Is Huadian Ener-B (900937) overvalued or undervalued?
As of Nov 5, 2026, our model estimates a fair value of $0.0600 versus a price of $0.1840, about 67% lower (overvalued).
What is the fair value of 900937?
Our model-based fair value for Huadian Ener-B is $0.0600 (as of Nov 5, 2026), built from audited fundamentals. The current price: $0.1840.
What is the quality score of 900937?
Huadian Ener-B has a Quality Score of 36/100. It measures business quality (profitability, growth, cash flow, balance-sheet strength, investment discipline, share issuance). Market factors such as price momentum and volatility do not enter the number; they are shown separately in the detail view.
What is the price target for Huadian Ener-B (900937)?
Our model-based price target is the fair value of $0.0600 (as of Nov 5, 2026) from 25 valuation models. Cautious scenario $0.0400, optimistic scenario $0.0800. It is a calculation from audited fundamentals, not an analyst target.
What is the Huadian Ener-B stock forecast for 2026?
Our models put fair value at $0.0600, about 67% lower versus a price of $0.1840 (overvalued). Cautious scenario $0.0400, optimistic scenario $0.0800. The calculation is refreshed regularly with new filings.
What is the revenue of Huadian Ener-B (900937)?
Huadian Ener-B reported trailing-twelve-month revenue of about 16.4B CNY (latest available figure, as of Nov 5, 2026).
Does Huadian Ener-B pay a dividend?
Huadian Ener-B currently shows a dividend yield of 4.42% relative to its recent price (as of Nov 5, 2026).
How much is the dividend of Huadian Ener-B (900937)?
Huadian Ener-B has a dividend yield of 4.4%.
What growth is priced into Huadian Ener-B (900937)?
For today's price to be fair in a discounted-cash-flow model, Huadian Ener-B would have to grow free cash flow by +15.8 % per year for five years (discount rate 11.9 %, then slowing evenly to 2 % perpetual growth by year ten). Over the last 5 years revenue grew +9.3 % per year. As of Nov 5, 2026.
What discount rate (WACC) does the fair value of 900937 use?
Our models discount Huadian Ener-B at 11.9 %: a base by market capitalisation (small), country premium for China. The same rate applies in all 26 models.
What is a reverse DCF?
A reverse DCF turns the usual calculation around. Instead of deriving a value from assumptions, it takes today's price as given and asks: what free-cash-flow growth would a company have to deliver for exactly this price to be fair? The result is not a forecast but the expectation already priced in. For Huadian Ener-B that is +15.8 % per year for five years, then slowing evenly to 2 % by year ten, using the same discount rate (11.9 %) and the same formula as our fair value.
How much growth has Huadian Ener-B (900937) delivered so far?
Over the past 5 years revenue at Huadian Ener-B grew +9.3 % a year. The price currently implies free-cash-flow growth of +15.8 % per year. Comparing the two shows how much confidence is in the price: if it demands more than has been delivered, the business has to accelerate for the maths to work.
How fast is the sector of Huadian Ener-B (900937) growing?
The median revenue growth in the sector is +4.8 % a year. That is the yardstick for the growth priced into Huadian Ener-B (+15.8 % per year): it shows whether the expectation is within the usual range or beyond it.
What is the free cash flow yield of Huadian Ener-B (900937)?
The free-cash-flow yield on the price is 9.08 %: that much free cash flow Huadian Ener-B produces per unit of market value. When it exceeds the discount rate of our models (11.9 %), the business already earns more than its cost of capital demands, and the price needs little additional growth.
What is the intrinsic value of Huadian Ener-B (900937)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For Huadian Ener-B it is $0.0600 per share (as of Nov 5, 2026), against a price of $0.1840. It is the blended result of 25 valuation models in 8 families (DCF Models, Earnings-Based, Dividend Discount, Multiples, Asset-Based, Growth DCF, Economic Profit, Growth Earnings).
Is Huadian Ener-B stock overvalued or undervalued in 2026?
As of Nov 5, 2026, 900937 trades above its calculated fair value: price $0.1840, fair value $0.0600, a gap of about −67% (overvalued). The calculation is refreshed with each new quarterly report, so the verdict can change during the year.
Is fair value the same as the market price of 900937?
No. The price is what the market pays today ($0.1840); the fair value is what the company's own numbers justify ($0.0600). For Huadian Ener-B the two are $0.1240 per share apart. That gap is exactly why we show both numbers side by side.
How much is Huadian Ener-B worth?
The market values Huadian Ener-B at about $1.5B (market capitalisation, as of Nov 5, 2026). Per share that is $0.1840; our models calculate a fair value of $0.0600 per share.
What do the bullish and bearish scenarios say about 900937?
Our models span a range for Huadian Ener-B: cautious scenario $0.0400, base $0.0600, optimistic $0.0800 per share (as of Nov 5, 2026, price $0.1840). The range comes from different growth and margin assumptions, not from analyst opinions.
What is the P/E ratio of 900937?
Huadian Ener-B trades at a price-to-earnings ratio of 17.9 (as of Nov 5, 2026). A P/E on its own says little: it compares the price with ONE year of profit, while our fair value of $0.0600 is built from several models across several years. Other multiples: P/B 2.4, P/S 2.4, EV/EBITDA 15.2.
How solid is the balance sheet of Huadian Ener-B (900937)?
Balance-sheet figures for Huadian Ener-B (as of Nov 5, 2026): return on equity 14.5%, debt of 1.74 per unit of equity. They feed the Quality Score of 36/100, which measures business quality independently of the share price.
How far is 900937 from its 52-week high?
Huadian Ener-B trades at $0.1840, about 29% below its 52-week high of $0.2580 and 20% above the low of $0.1530 (as of Nov 6, 2026). Distance from the high says nothing about value: that is what the fair value of $0.0600 is for.
Which stocks are comparable to Huadian Ener-B?
From the same area (Utilities) we also value Constellation Energy Corporation, Vistra Corp, Adani Power Limited, CGN Power Co, among others. Each of them has its own fair-value calculation on this site using the same models, so the comparison is like for like.
Is Huadian Ener-B stock attractive at the current price?
The data as of Nov 5, 2026: price $0.1840, calculated fair value $0.0600 (−67%), Quality Score 36/100, from 25 models. Whether that fits your horizon and risk tolerance is your call. We provide the calculation, not investment advice.
How is the fair value of 900937 calculated?
We run Huadian Ener-B through 25 models from 8 families: DCF Models, Earnings-Based, Dividend Discount, Multiples, Asset-Based, Growth DCF, Economic Profit, Growth Earnings. Every model gets the same audited fundamentals; the fair value of $0.0600 builds on their evidence-weighted average, with the spread shown as a cautious and an optimistic scenario.
Is it still worth investing in stocks now?
The global stock market currently sits 13.3% above its aggregate fair value. Huadian Ener-B itself currently trades above fair value. An expensive market is no reason to stay out and no reason to buy everything at once: keep a broad savings plan running, buy single stocks only with money you can do without, and hold part of your money liquid while the market is high. The full picture including sectors is on is it worth investing now.
What is the share price of Huadian Ener-B (900937)?
The closing price on Nov 6, 2026 was $0.1840. Our model-based fair value is $0.0600, about 67% lower (overvalued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with Huadian Ener-B right now?
The price sits above even our optimistic bull case ($0.0800). The favourable scenario is already priced in. Weak quality (36/100) and above fair value at the same time, the margin of safety is missing on both counts. The large gap to fair value rests on thin data (low evidence): fewer applicable models and a shorter history. Read it with extra caution. A fairly wide model range ($0.0400 to $0.0800) leaves room in how you read the outcome.
Key figures of Huadian Ener-B
How large is the market capitalisation of Huadian Ener-B (900937)?
The market capitalisation of Huadian Ener-B is $1.5B. The stock-market value of the whole company: share price times number of shares. It is what the market asks for the entire business today.
What is the P/S ratio of Huadian Ener-B (900937)?
The price-to-sales ratio of Huadian Ener-B is 0.08 (last twelve months). Price to sales: market value relative to yearly revenue. Useful when profit is thin or distorted.
What are the earnings per share of Huadian Ener-B (900937)?
Earnings per share at Huadian Ener-B are $0.0100 (price ÷ EPS = P/E 17.9). Earnings per share over the last twelve months: total profit spread across every single share.
What is the dividend yield of Huadian Ener-B (900937)?
The dividend yield of Huadian Ener-B is 4.4% (payout 81.3%). Yearly dividend relative to the share price. 3% pays 3 per 100 invested. Below: how much of profit is used for it.
What is the net margin of Huadian Ener-B (900937)?
The net margin of Huadian Ener-B is 2.0% (last twelve months). How much of every unit of revenue ends up as profit. 10% means 10 cents of profit per dollar of sales.
What is the return on equity of Huadian Ener-B (900937)?
The return on equity (ROE) of Huadian Ener-B is 14.5% (last twelve months). Profit relative to shareholders' equity, how efficiently the company works with its owners' money.
What is the EBIT return on assets of Huadian Ener-B (900937)?
On an EBIT basis the return on assets of Huadian Ener-B is 4.7% (avg 5y). Operating profit (EBIT) relative to everything the company owns, as a multi-year average. It describes the business model rather than one good or bad year.
What is the operating margin of Huadian Ener-B (900937)?
The operating margin of Huadian Ener-B is 8.5% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at Huadian Ener-B (900937)?
Revenue at Huadian Ener-B is growing −3.2% versus a year earlier (3y avg −4.1%). How much revenue grew versus a year earlier (YoY). The 3-year average next to it puts the single year in context.
How fast are earnings growing at Huadian Ener-B (900937)?
Earnings per share at Huadian Ener-B are growing +33.3% versus a year earlier. How much earnings per share grew versus a year earlier.
How much net debt does Huadian Ener-B (900937) carry?
The net debt of Huadian Ener-B is 8.8B CNY (fiscal year 2025, ≈ 10.0 yrs of FCF). Debt minus cash on hand. The note shows how many years of free cash flow could in theory pay it off.
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Thin data
Nov 5, 2026